SimTeam is a dynamic start-up enterprise that provides an online simulation platform for trainers, business school teachers and HR specialists. The owners of Boda & Partners are also co-owners of SimTeam and had a leading role in the creation of its core product.
SimTeam is a business simulation platform, which models the operation of a knowledge enterprise. It enables participants to understand the operational challenges of a project-based enterprise, such as the complexities and interrelationships among different corporate functions or the consequences of managerial decisions. The software simulates a competitive market where different management teams – representing different model companies – compete. The simulation follows a game based educational approach.
SimTeam was developed with university and business school professors and has been used successfully both for corporate trainings and in higher education for more than five years. Recently SimTeam has been upgraded to an online simulation platform which is easily accessible via an internet browser.
The SimTeam simulation environment is provided as software-as-a-service where users (trainers, business school teachers or HR specialists) can build customised training, educational or assessment programs on the platform or use pre-set simulation case studies. SimTeam provides continuous technical support for its partners.
The structure of the platform allows the trainer/lecturer to customise the program according to the needs of the study program. There could be different areas of focus during the training program such as:
- Fundamentals of economics (accounting principles, fundamentals of finance, basics of controlling)
- Strategy formation and practical steps of strategic management
- Project management
- Human resources management
- Planning and budgeting
- Management of corporate costs / cost accounting
- Cash flow management / liquidity management
- Project controlling; efficiency analysis of projects
- Concept of corporate value; value based management
- Concept of intellectual capital management
For more information please visit simteamtraining.com
